India Day Ahead: Templeton's Outlook for Stocks; Geithner on Exchange Rate
U.S. Treasury Secretary Timothy F. Geithner said India is demonstrating economic "dynamism" that comes from promoting internal growth while allowing currency flexibility, even as he reiterated the need for "key emerging economies" to move to market-determined exchange rates.
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Start-up makes small loans to low-income Latino immigrants
Progreso Financiero is growing fast by lending to dishwashers and factory workers, regardless of their immigration status. Customers jam the lime-green booth at a Latino supermarket near downtown Los Angeles. Clutching pay stubs and IDs, they're applying for small loans, enough to cover a car repair or an emergency trip to Mexico or El Salvador.
Read more on Los Angeles Times
Orignal From: Start-up makes small loans to low-income Latino immigrants
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